Tern (LON:TERN) Issues Earnings Results

Tern (LON:TERN – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported GBX (0.05) EPS for the quarter, Digital Look Earnings reports. Tern had a negative return on equity of 59.29% and a negative net margin of 9,424.35%.

Tern Stock Down 7.8%

LON:TERN traded down GBX 0.07 during mid-day trading on Tuesday, reaching GBX 0.78. The stock had a trading volume of 7,278,018 shares, compared to its average volume of 2,979,616. Tern has a 1-year low of GBX 0.30 and a 1-year high of GBX 1.70. The stock’s 50 day simple moving average is GBX 1.18 and its two-hundred day simple moving average is GBX 1.01. The company has a debt-to-equity ratio of 2.64, a current ratio of 0.68 and a quick ratio of 0.75. The company has a market capitalization of £7.49 million, a price-to-earnings ratio of -0.97 and a beta of 0.83.

Tern Company Profile

(Get Free Report)

Tern backs companies with proven technology, based in the UK but with global ambition.

Our management team has a strong track record of unlocking opportunities in the USA for UK companies.

We look for well-motivated teams who are building innovative high growth businesses, with revenue and IP, and which are harnessing software to create or disrupt markets.

We predominantly support software companies which develop commercial IoT security, enablement and analytics solutions for the healthcare and industrial sectors, where safety and regulatory compliance are important market requirements.

Unlike many of our peers, we select to work with only a handful of companies in a given period.

See Also

Earnings History for Tern (LON:TERN)

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